L’Oréal S.A. (OTCMKTS:LRLCY – Get Free Report) announced a dividend on Monday, March 25th, NASDAQ reports. Shareholders of record on Thursday, April 25th will be given a dividend of 1.4219 per share on Tuesday, May 21st. The ex-dividend date of this dividend is Wednesday, April 24th. This is a positive change from L’Oréal’s previous dividend of $1.03.
L’Oréal Stock Performance
LRLCY stock opened at $94.27 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.10 and a quick ratio of 0.79. The company’s 50-day moving average is $94.34 and its 200-day moving average is $92.91. L’Oréal has a 1 year low of $77.11 and a 1 year high of $100.28.
Analysts Set New Price Targets
Separately, Berenberg Bank raised L’Oréal from a “hold” rating to a “buy” rating in a research note on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.
About L’Oréal
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.
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